Ownership Breakdown
| Insiders5.02% | Institutions99.08% |
| Retail Investors | -4.1 | |
| Insiders | 5.02 | |
| Institutions | 99.08 |
Wild options for Steelcase retail investors
 | By Rifka Kats | Macroaxis Story |
Steelcase Book Value per Share is relatively stable at the moment as compared to the past year. Steelcase reported last year Book Value per Share of 7.41. As of 09/21/2020, Dividend Yield is likely to grow to 0.21, while Average Equity is likely to drop slightly above 1.2 B. As some conservative investors are getting more into industrials space, Steelcase could be a your radar. We will analyze why Steelcase investors may still consider a stake in the business. This post is to show some fundamental factors affecting Steelcase's products and services. I will also report how it may impact the investing outlook for Steelcase in October.
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Reviewed by Michael Smolkin
Steelcase reported the last year's revenue of 3.38 B. Total Income to common stockholders was 139.5 M with profit before taxes, overhead, and interest of 1.22 B. About 99.0% of the company shares are owned by institutional investors. Steelcase has price-to-book ratio of 1.61. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. The entity has Price/Earnings To Growth (PEG) ratio of 2.08. The firm last dividend was issued on the 7th of July 2020. Steelcase had 5:1 split on the 11th of August 2006. The performance of Steelcase in the marketplace will significantly impact your decision to invest in its stock. Revenue growth, profitability, competitive positioning, management quality, and industry trends can influence Steelcase's stock prices. When investing in Steelcase, there are several factors to consider and potential outcomes to expect. As a company performs well, its stock price may increase, allowing investors to benefit from price appreciation. However, Steelcase Stock can experience significant price fluctuations due to market conditions, economic factors, industry trends, or company-specific news. This is why investing in stocks such as Steelcase carries risks, including the potential for capital loss. Stock prices can decline, and investors may incur losses if they sell shares at a lower price than their initial investment.
And What about dividends?
A dividend is the distribution of a portion of Steelcase earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Steelcase dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Steelcase one year expected dividend income is about USD0.28 per share.
At this time, Steelcase's Dividend Yield is comparatively stable compared to the past year. Dividend Payout Ratio is likely to gain to 2.51 in 2024, despite the fact that Dividends Paid is likely to grow to (45.2 M). | Last Reported | Projected for Next Year | ||
| Dividends Paid | -47.6 M | -45.2 M | |
| Dividend Yield | 0.03 | 0.16 | |
| Dividend Payout Ratio | 0.59 | 2.51 | |
| Dividend Paid And Capex Coverage Ratio | 617.40 | 0.98 |
Investing in dividend-paying stocks, such as Steelcase is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Steelcase must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Steelcase. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.How important is Steelcase's Liquidity
Steelcase financial leverage refers to using borrowed capital as a funding source to finance Steelcase ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Steelcase financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Steelcase's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Steelcase's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Steelcase's total debt and its cash.
Steelcase Gross Profit
Steelcase Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Steelcase previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Steelcase Gross Profit growth over the last 10 years. Please check Steelcase's gross profit and other fundamental indicators for more details.
Is Steelcase valued wisely by the market?
Steelcase maintains a total of 88.04 Million outstanding shares. The majority of Steelcase outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Steelcase to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Steelcase. Please pay attention to any change in the institutional holdings of Steelcase as this could imply that something significant has changed or about to change at the company. Also note that roughly three million five hundred twenty-one thousand six hundred invesors are currently shorting Steelcase expressing very little confidence in its future performance.
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